NABARD

NABARD Grade A 2024 prelims admit card was released on August 26. The last date to download the admit card was September 1, 2024. Candidates who applied for the exam can download their admit cards by logging with the required credentials. The hard copy of the admit card has not been sent to candidates by post. Candidates need to carry the printed copy of their admit cards along with one photo-identity proof to the exam centre.

Because there aren't enough flats for all the NABARD officers, HRA is provided to those who don't receive housing from NABARD. There are lodging options in practically every city. Accommodations, however, are contingent upon availability.

NABARD Grade B Officers are eligible for promotions after giving different departmental exams and interview. Candidates get managerial promotions based on their performance within the bank. The hierarchy of posts beginning from the Manager rank is mentioned below:

• Manager
• Assistant General Manager
• Deputy General Manager
• General Manager
• Chief General Manager
• Executive Director
• Director

Some of the roles and responsibilities for NABARD Grade B Managers include:

• They are responsible for developing & maintaining cordial relationships with customers
• They are supposed to develop & approve bank loans.
• They look after all the accounting procedures followed by the bank.
• Ensure smooth functioning of the office and its employees
• Monitoring several projects simultaneously.
• They are responsible for coordinating with other departments & work on inter-departmental assignments.

Candidates selected through NABARD Grade B are liable to be posted and transferred anywhere in India. The working environment at NABARD is enlightened, cooperative, and purely bureaucratic. Appointed candidates are supposed to work five days a week, the weekends (Saturdays and Sundays) are off. Employees usually work in fixed office timings, from 9:30 am to 5:30 pm.

Yes, candidates selected through NABARD Grade B exam get a pension by the defined contribution to the New Pension Scheme (NPS) in addition to the benefits of Gratuity and Optional Group Term Insurance Plan.

The officers who were in the service of the National Bank as of 02 January 1996 are entitled to get a Personal Allowance worth INR 550 per month on completion of one year after reaching the maximum scale of pay. The employees in Group B get Family Allowance at the rate of 4 per cent of pay, up to a maximum of INR 700 per month.

The allowances provided to NABARD Grade B are Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance. 

The total salary of NABARD Grade B is INR 78,000. The basic salary of NABARD Grade B is INR 35,150. The structure of the basic salary is given below.

The payscale of NABARD Grade B Manager is INR 35150 - 1750 (9) - 50900 - EB - 1750 (2) - 54400 - 2000 (4) - 62400 (16 years). The salary is one of the most important parameters for applying for the exam. Candidates must be well aware of the salary inorder to know how much they will get if selected for the post.